Category: News

Home Investors Are Swooping In Home purchasing activity among investors has reached the highest level in the past two decades, shows a new report, “Investor Home Buying,” released by CoreLogic. The increase isn’t from the big institutional buyers of recent years, the report says, but from more smaller investors entering in. Investors appear to be …

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Long-Term Flood Insurance Reforms The Financial Services Committee of the U.S. House of Representatives voted unanimously on Tuesday to approve a five-year extension to the National Flood Insurance Program, the nation’s largest flood insurer. The bill also includes a mandate to improve the country’s flood maps. Congress has approved several short-term extensions to the NFIP …

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AC Upgrades Could Save Hundreds on Energy Bills The right home improvements could help shave energy bills by up to 35% or unlock up to $627 in annual savings, according to the U.S. Department of Energy. Steve Chalk, who recently retired from his work at the department, told CNBC that a home energy assessment can …

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Owning vs. Renting The advantages of home ownership Deciding whether to rent or own is an important and personal decision.  Having the information you need to make the right choice for your is critical.  Speaking with a real estate professional can help you decide what is best for you.  It may also help to first …

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Tiny Homes Are Too Small for Some Enthusiasts Over the last few years, some homeowners have swapped out spacious digs for 300-square-foot homes, favoring simplicity and lower costs. The tiny-home trend has played out on reality TV shows and throughout the media. But a new trend is emerging in the tiny-home movement—and it’s making a not-so-tiny …

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Convincing Owners to Move About 19% of U.S. households say they expect to move over the next year—the highest reading for May in two years, according to the Survey of Consumer Expectations report, released from the Federal Reserve Bank of New York. The trend of more homeowners showing an openness to move has been on …

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Open floor plans and hard wood floors are buyer possible regrets   While some home features have the kind of buzz that makes home shoppers think they must be part of their next home, living with them may actually cause ongoing regret, according to a new article at realtor.com®. One of those highly desired items: …

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Celebrate a home of your own – end wasteful rent payment today. Home ownership is within reach.  Stop throwing your money away on rent and invest in your future by becoming a home owner.  Build equity through your monthly mortgage payment, which can benefit you down the road. See more info in the photo below. …

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Bank of America Offers New Type of Loan for Homes Bank of America has made several recent moves to reduce the borrowing costs of would-be home buyers who have faced affordability constraints. The bank’s latest offer: mortgages with no origination fees for buyers with little savings for a down payment. The promotion is available through …

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Mortgage Rates Drop This marks the sixth consecutive weekly decline for mortgage rates, leaving some borrowers wondering how low will they go. The 30-year fixed-rate mortgage averaged 3.82% this week, the lowest average since September 2017. “While the drop in mortgage rates is a good opportunity for consumers to save on their mortgage payment, our …

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